Common use of ESCROW OF UNVESTED STOCK Clause in Contracts

ESCROW OF UNVESTED STOCK. As security for Purchaser's faithful performance of the terms of this Agreement and to insure the availability for delivery of Purchaser's Stock upon exercise of the Co-Founders' Option or the Repurchase Option, Purchaser agrees, at the closing hereunder, to deliver to and deposit with the Secretary, as escrow agent in this transaction (the "Escrow Agent"), three (3) stock assignments duly endorsed (with date and number of shares blank) in the form attached hereto as EXHIBIT B, together with a certificate or certificates evidencing all of the Stock subject to the Repurchase Option; said documents are to be held by the Escrow Agent and delivered by said Escrow Agent pursuant to the Joint Escrow Instructions of the Company and Purchaser set forth in EXHIBIT C attached hereto and incorporated by this reference, which instructions shall also be delivered to the Escrow Agent at the closing hereunder.

ESCROW OF UNVESTED STOCK. As security for Purchaser's faithful performance of the terms of this Agreement and to insure the availability for delivery of Purchaser's Stock upon exercise of the Co-Founders' Repurchase Option or the Repurchase Optionherein provided for, Purchaser agrees, at the closing hereunder, to deliver to and deposit with the Secretary of the Company or the Secretary, as escrow agent in this transaction 's designee (the "Escrow Agent"), as Escrow Agent in this transaction, three (3) stock assignments duly endorsed (with date and number of shares blank) in the form attached hereto as EXHIBIT BExhibit C, together with a certificate or certificates evidencing all of the Stock subject to the Repurchase Option; said documents are to be held by the Escrow Agent and delivered by said Escrow Agent pursuant to the Joint Escrow Instructions of the Company and Purchaser set forth in EXHIBIT C Exhibit B attached hereto and incorporated by this reference, which instructions shall also be delivered to the Escrow Agent at the closing hereunder.

ESCROW OF UNVESTED STOCK. As security for Purchaser's Employee’s faithful performance of the terms of this Agreement and to insure the availability for delivery of Purchaser's the Stock to the Company upon exercise of the Co-Founders' Redemption Option or the Repurchase Optionherein provided for, Purchaser Employee agrees, at the closing delivery of the shares hereunder, to deliver to and deposit with the Corporate Secretary of Company or the Secretary’s designee (the “Escrow Agent”), as escrow agent the Escrow Agent in this transaction (the "Escrow Agent")transaction, three (3) stock assignments duly endorsed (with date and number of shares blank) in the form attached hereto as EXHIBIT BExhibit A, together with a certificate or certificates evidencing all of the Stock subject to the Repurchase Redemption Option; said documents are to be held by the Escrow Agent and delivered by said Escrow Agent pursuant to the Joint Escrow Instructions of the Company and Purchaser Employee set forth in EXHIBIT C Exhibit B attached hereto and incorporated by this reference, which instructions shall also be delivered to the Escrow Agent at the closing time of delivery hereunder.

ESCROW OF UNVESTED STOCK. As security for Purchaser's faithful performance of the terms of this Agreement and to insure the availability for delivery of Purchaser's Stock upon exercise of the Co-Founders' Repurchase Option or the Repurchase Optionherein provided for, Purchaser agrees, at the closing hereunder, to deliver to and deposit with the Secretary of the Company or the Secretary, as escrow agent in this transaction 's designee (the "Escrow Agent"), as Escrow Agent in this transaction, three (3) stock assignments duly endorsed (with date and number of shares blank) in the form attached hereto as EXHIBIT BExhibit A, together with a certificate or certificates evidencing all of the Stock subject to the Repurchase Option; said documents are to be held by the Escrow Agent and delivered by said Escrow Agent pursuant to the Joint Escrow Instructions of the Company and Purchaser set forth in EXHIBIT C Exhibit B attached hereto and incorporated by this reference, which instructions shall also be delivered to the Escrow Agent at the closing hereunder.

ESCROW OF UNVESTED STOCK. As security for Purchaser's faithful performance of the terms of this Agreement and to insure the availability for delivery of Purchaser's Stock upon exercise of the Co-Founders' Repurchase Option or the Repurchase Optionherein provided for, Purchaser agrees, at the closing hereunder, to deliver to and deposit with the Secretary of the Company or the Secretary, as escrow agent in this transaction 's designee (the "Escrow Agent"), as Escrow Agent in this transaction, three (3) stock assignments duly endorsed (with date and number of shares blank) in the form attached hereto as EXHIBIT BExhibit C, together with a certificate or certificates evidencing all of the Stock subject to the Repurchase Option; said documents are to be held by the Escrow Agent and delivered by said Escrow Agent pursuant to the Joint Escrow Instructions of the Company and Purchaser set forth in EXHIBIT C Exhibit D attached hereto and incorporated by this reference, which instructions shall also be delivered to the Escrow Agent at the closing hereunder.

ESCROW OF UNVESTED STOCK. As security for PurchaserDirector's faithful performance of the terms of this Agreement and to insure the availability for delivery of Purchaser's the Stock upon exercise of the Co-Founders' Repurchase Option or the Repurchase Optionherein provided for, Purchaser agreesDirector agrees that Company may require Director, at the closing hereunder, to deliver to and deposit with the Secretary of the Company or the Secretary, as escrow agent in this transaction 's designee (the "Escrow Agent"), as Escrow Agent in this transaction, three (3) stock assignments duly endorsed (with date and number of shares blank) in the form attached hereto as EXHIBIT BExhibit A, together with a certificate or certificates evidencing all of the Stock subject to the Repurchase Option; said documents are to would be held by the Escrow Agent and delivered by said Escrow Agent pursuant to the Joint Escrow Instructions of the Company and Purchaser Director set forth in EXHIBIT C Exhibit B attached hereto and incorporated by this reference, which instructions shall would also be delivered to the Escrow Agent at the closing hereunder.

ESCROW OF UNVESTED STOCK. As security for Purchaser's faithful performance of the terms of this Agreement and to insure the availability for delivery of Purchaser's Stock upon exercise of the Co-Founders' Repurchase Option or the Repurchase Optionherein provided for, Purchaser agrees, at the closing hereunder, to deliver to and deposit with the Secretary of the Company or the Secretary, as escrow agent in this transaction 's designee (the "Escrow Agent"), as Escrow Agent in this transaction, three (3) stock assignments duly endorsed (with date and number of shares blank) in the form attached hereto as EXHIBIT BExhibit C, together with a certificate or certificates evidencing all of the Stock subject to the Repurchase Option; said . Said documents are to be held by the Escrow Agent and delivered by said the Escrow Agent pursuant to the Joint Escrow Instructions of the Company and Purchaser set forth in EXHIBIT C Exhibit D attached hereto and incorporated by this reference, which instructions shall also be delivered to the Escrow Agent at the closing hereunder.

ESCROW OF UNVESTED STOCK. As security for Purchaser's faithful performance of the terms of this Agreement and to insure the availability for delivery of Purchaser's Stock Shares upon exercise of the Co-Founders' Repurchase Option or the Repurchase Optionherein provided for, Purchaser agrees, at the closing hereunder, to deliver to and deposit with the Secretary of the Company or the Secretary, as escrow agent in this transaction 's designee (the "Escrow Agent"), as Escrow Agent in this transaction, three (3) stock assignments duly endorsed (with date and number of shares blank) in the form attached hereto as EXHIBIT Exhibit B, together with a certificate or certificates evidencing all of the Stock Shares subject to the Repurchase Option; said documents are to be held by the Escrow Agent and delivered by said Escrow Agent pursuant to the Joint Escrow Instructions of the Company and Purchaser set forth in EXHIBIT Exhibit C attached hereto and incorporated by this reference, which instructions shall also be delivered to the Escrow Agent at the closing hereunder.

ESCROW OF UNVESTED STOCK. As security for Purchaser's faithful performance of the terms of this Agreement and to insure the availability for delivery of Purchaser's Stock upon exercise of the Co-Founders' Option or the Repurchase Option, as the case may be, Purchaser agrees, at the closing hereunder, to deliver to and deposit with the SecretaryTreasurer, as escrow agent in this transaction (the "Escrow Agent"), three (3) stock assignments duly endorsed (with date and number of shares blank) in the form attached hereto as EXHIBIT B, together with a certificate or certificates evidencing all of the Stock subject to the Co-Founders' Option and the Repurchase Option; said documents are to be held by the Escrow Agent and delivered by said Escrow Agent pursuant to the Joint Escrow Instructions of the Company Company, the Co-Founders and Purchaser set forth in EXHIBIT C attached hereto and incorporated by this reference, which instructions shall also be delivered to the Escrow Agent at the closing hereunder.